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1. a. The action of valuing or appraising; a valuation; lit. and fig. to make no estimate of: to make no account of, not to value. b. The price at which anything is rated; fig. attributed value. Obs.
Shakespeare's to have estimate in (quot. 1601), seems to mean ‘to have a claim to be considered in the valuation of’.

1563 GOLDING Cæsar VI. 158 They make an estimate of their own goods and lay so muche in valew therevnto. 1594 SOUTHWELL M. Magd. Fun. Teares 92 Love..doubleth the estimate of things that are precious. 1600 DEKKER Gentle Craft 33 Of my love he makes no estimate. 1601 SHAKES. All's Well II. i. 183 Thy life is deere, for all that life can rate Worth name of life, in thee hath estimate. 1607

Timon I. i. 14 If he will touch the estimate.

c. Repute, reputation. Obs.

1593 SHAKES. Rich. II, II. iii. 56 There stands the Castle..And in it are the Lords of Yorke, Barkely, and Seymor, None else of Name, and noble estimate. 1607 Cor. III. iii. 114 My deere Wiues estimate.

3. A judgement formed or expressed respecting the character or qualities of a person or thing, or respecting a state of affairs, etc.

1589 NASHE Pref. Greene's Menaphon (Arb.) 7 Well may the Adage, Nil dectum quod non dictum prius, bee the most iudiciall estimate, of our latter Writers.